Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-08-26
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THE IVES STATEMENT.
The Full List Of Assets and Iasb1.l.;e

NEW YORK, Aug. 2e.-1he five experts who
have been at work during the past week on the
statement of the position of Ives Il Co. com
pletcd their wOl x to- day, and after cpns0lta-
ton with Henry g Ives, who remained in the
Ctll5e Of Cromwell " sullivan until the ii-ur's
give brief summary OF liabilities bat to give
the assets in deail. The list Of assets
includes many shares OF U2nk stock,
the ARREST Of wli IN Is llj2 shares of the MIR
chants National Sank OF To'edo. In giving
the statement out the assignee explained that
he made no altempt 10 appraise the value of
the stock, and simply took the faCe value. al
though he rlaces the Chemical Bank stock a;
$4,000 per share. The statement is given by
the assignee as follows:
LIABILITIES.
Loans secured, s., -, IA.
Bills payable secured, s. ,4I3,S20
Deposits, $9,42l,o9i.
Miscellaneous So 564.
Total, Sl6,4I9,I 23
Stocks-4G SOS shares Cincinnati, Hamilton
and Dayton prefer ed, face value 81 G5j,60O
Twenty seven thousaU b, nine hundred and
six shares common, 500,
One hundred and four thousand and thirteen
shares Day ton, Fort Wayne ana Chicago, SIC
40l ?0U.
Eight thousand. eight hundred and forty
shares Terre Hautc and IGd!ana, half stock,
$4,000.
Five thousand. nine hundred and thir.y-one
shares rer1c Hautc and lcganspUrt. htll stock,
sos 500.
Onc thousand, one hundred and ten shares
American Hank Note Conpan! 5000 90.
Eight hundred and fifty shares Chemical Ma
tionai Bank. 1929 sec.
Thirty three shares Continental National
Bank, $500.
Une thousand, seveu hundred and rcty.
three shares Mineral Range Railway stock
one thousan,, one hundred ana Gfty-two
shares Merchants National Bank of Toledo
Sis, 200.
Thirty five soare e3-5 National Bank Of Com.
Twenty five shar Oregon Railway and say
igation Company, S2501.
Ninety four shares Seventh National Bank
$1,000.
One hundred shares Ohio Valley Consolidat
ed Company, $4,000
Twenty-Five thousand shares Hancock and
California Railway, $2j0,0t0.
Five hundred and ninety shares Dayton ant
Michigan Railway, half stocE, $295, 500
Four hundred shares New YORK Central, $40,
| 600.
Twelve thousand and twenty-tw shares
| Cincinnati, Wabash and Michigan Railway
| ST. ,202, 200.
Bonds, Chicago and Northwestern IS, 81 ,0CO
Range General Mortgage IS, Sj49.lOJ.
Pennsylvania RaiiWa, AIS, 5000.
Seneca Falls and Waterloo Gs, $4,000.
Toledo, Delphos and Burlington, Sj6OO0.
| Cincinnati, Richmond and ChlcsgO IS. So,
| coo.
Chicago and Atchison Bridge Company rs
| 5000.
| United states coupon ~, sS05OOG
United States coupon A, Sl3,' %.
Cincinnati, Hamilton ana Dayton AS, S20).
| eco,
St. Louis, VandaHa and Terre Haute rs
! $lO0.' co.
New Orleans, Danyine and New Yo.k "a
| $1,000.
Toledo, Cinc.anatl aud ST. Louis scrip. 81 SOC
| Miscellaneous assets, 10000.
Day ton and Chicago rs as c0Iiatnrsl to Ger
! tain ad anccs 10 sail company, 81, j0,GG
! Total asset S!3,15 80
This leaves a nominal surplus OF S7,305 576
! but IN the Sc cts IL VIII be seen tina
020 Cinenn2ti Hamilton and baylor
the assets. What could be realized on thu
| - 1906 sha -cs Of common IS question that Cal
only be solved by an attempt 70 sell The sc
! curitips, and the same can be said Of the Day
ton. Fort Wayne anc Chicago. The larsG 5lOCl
OF United States bonds Is Ell bvputhCCzted
! Ihe tact is II Is eXtrcrFely doubtful that am
thing Will be LEFT after the payment o
! secured loans which already hOiI The create
part of the assets az collateral. The situation
Ia made al The wcrse by the fact that the JGil
way stocks Gepend 10 q gfCat measure for hei
value upon their hope of realizing sop1ethin
after the secured loans were paid Off. The 4e
the stock exchange and pat In among tn
other cOll4terals To "sWeeten" them Il
the street puts II. The great Item IN the unsc
cured liabilities IL the item OF deposits, whic
amounts to ove5 Sl0)0,CG0, and rcprc.e nta tn
assets of railroads hich were deposited wit
Ives. Tee largest creditor Is tbs Cincinnati
Hamilton and Dayton, whose clain Is for abou
s., coo coo. If this proyesa total loss II en- III
stock is practically worthless.